S&P 500 comparison · Real Estate

American Tower vs Crown Castle

Prices at close . Model readings .

American Tower

$183.75−0.04%
Month: negativeLong run: neutral

Crown Castle

$87.74−0.15%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), American Tower is the larger company by market value ($85.58B against $38.08B). Over the past year American Tower returned −0.3% and Crown Castle −6.8%, while the S&P 500 returned +12.7%. The latest filed P/E is 30.5 for American Tower and 133.1 for Crown Castle, and the operating margin 45.6% against 46.6%. Over the next 21 sessions the model expects −0.78% for American Tower, with a 34% chance of a rise, and −0.93% for Crown Castle, with a 9% chance. American Tower's long-run fair value is $169.56, a gap of −7.7% to its price; the long-run model view is neutral. Crown Castle's long-run fair value is $81.46, a gap of −7.2% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AMT−0.78%
CCI−0.93%
Chance of a risenext 21 sessions
AMT34%
CCI9%
Expected returnnext 63 sessions
AMT−1.02%
CCI−0.41%
Range of outcomes63 sessions, 80% band
AMT−20.8% to +18.8%
CCI−24.9% to +24%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AMT$169.5628 Oct 2026
CCI$81.4628 Oct 2026
Gap to pricefair value against the close
AMT−7.7%
CCI−7.2%
Past readings that matchedsign of the 21-session outcome
AMT69.9%of 269
CCI56.1%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AMT+11%
CCI+30.8%
6 monthsS&P 500: +8.5%
AMT+4.1%
CCI+3.4%
Year to dateS&P 500: +13.3%
AMT+6.7%
CCI+1.1%
1 yearS&P 500: +12.7%
AMT−0.3%
CCI−6.8%
5 yearsS&P 500: +70.7%
AMT−22.5%
CCI−36.7%
1 year against the S&P 500percentage points
AMT−13.0 pts
CCI−19.5 pts
Position in the 52-week range0% low, 100% high
AMT56%close $183.75 in $160.06 to $202.50
CCI78%close $87.74 in $65.32 to $93.97
Against the 200-day average
AMT+4.6%
CCI+7.7%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AMT), (CCI)
Market value
AMT$85.58B28 Oct 2026
CCI$38.08B28 Oct 2026
Enterprise valueat the last filing
AMT$106.58B30 Sep 2026
CCI$50.06B30 Jun 2026
P/Elatest filed
AMT30.5
CCI133.1
Price to book
AMT7.81
CCI-10.05
EV / EBITDA
AMT17.85
CCI19.81
Free cash flow yield
AMT5.2%
CCI7.32%
Dividend yield
AMT4.22%
CCI5.66%
Questions

American Tower or Crown Castle: common questions

Which is larger by market value, American Tower or Crown Castle?

American Tower, at $85.58B against $38.08B for Crown Castle, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, American Tower or Crown Castle?

Crown Castle has the higher latest filed P/E, 133.1; American Tower's is 30.5. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

How did American Tower and Crown Castle move over the past year against the S&P 500?

Over the past year American Tower returned −0.3% and Crown Castle −6.8%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for American Tower and Crown Castle over the next month?

−0.78% for American Tower with a 34% chance of a rise, and −0.93% for Crown Castle with a 9% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of American Tower and Crown Castle compare?

The operating margin is 45.6% for American Tower and 46.6% for Crown Castle, and the gross margin 45.6% against 98.1%. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

Do American Tower and Crown Castle shares move together?

Over the past year the correlation of their daily returns was 0.88 (closely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
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The two company pagesAmerican Tower (AMT) forecast and analysisCrown Castle (CCI) forecast and analysis
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BrowseAll Real Estate companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.